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CCFA

CEC Africa InvestmentsLUSE:CCFA Stock Report

Market Cap

K308.8m

7D

0%

1Y

n/a

Updated

17 Oct, 2021

Data

Company Financials
CCFA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

CCFA Overview

CEC Africa Investments Limited, an investment holding company, distributes and supplies power in Sub-Saharan Africa.

Price History & Performance

Summary of all time highs, changes and price drops for CEC Africa Investments
Historical stock prices
Current Share PriceK0.19
52 Week HighK0
52 Week LowK0
Beta-0.12
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Change-20.83%
5 Year Changen/a
Change since IPO-62.00%

Recent News & Updates

Shareholder Returns

CCFAZM Electric UtilitiesZM Market
7D0%0.005%0.4%
1Yn/a26.2%88.6%

Return vs Industry: Insufficient data to determine how CCFA performed against the ZM Electric Utilities industry.

Return vs Market: Insufficient data to determine how CCFA performed against the ZM Market.

Price Volatility

Is CCFA's price volatile compared to industry and market?
CCFA volatility
CCFA Beta-0.12
Industry Beta0.54
Market Beta1

Stable Share Price: Insufficient data to determine CCFA's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CCFA's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
20133,473Emmanuel Katepahttps://cecafrica.com

CEC Africa Investments Limited, an investment holding company, distributes and supplies power in Sub-Saharan Africa. It invests in, develops, operates, and finances hydro, thermal, and transmission power and energy infrastructure projects. The company was founded in 2013 and is based in Ebène, the Republic of Mauritius.

CEC Africa Investments Fundamentals Summary

How do CEC Africa Investments's earnings and revenue compare to its market cap?
CCFA fundamental statistics
Market CapUS$18.19m
Earnings (TTM)-US$22.08m
Revenue (TTM)US$347.32m

0.05x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCFA income statement (TTM)
RevenueUS$347.32m
Cost of RevenueUS$293.06m
Gross ProfitUS$54.26m
ExpensesUS$76.34m
Earnings-US$22.08m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.014
Gross Margin15.62%
Net Profit Margin-6.36%
Debt/Equity Ratio-235.5%

How did CCFA perform over the long term?

See historical performance and comparison

Valuation

Is CEC Africa Investments undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CCFA (ZMW0.19) is trading below our estimate of fair value (ZMW57.67)

Significantly Below Fair Value: CCFA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CCFA is unprofitable, so we can't compare its PE Ratio to the Global Electric Utilities industry average.

PE vs Market: CCFA is unprofitable, so we can't compare its PE Ratio to the ZM market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CCFA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CCFA has negative assets, so we can't compare its PB Ratio to the XF Electric Utilities industry average.


Future Growth

How is CEC Africa Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.6%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CEC Africa Investments has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has CEC Africa Investments performed over the past 5 years?

29.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCFA is currently unprofitable.

Growing Profit Margin: CCFA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CCFA is unprofitable, but has reduced losses over the past 5 years at a rate of 29.1% per year.

Accelerating Growth: Unable to compare CCFA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CCFA is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (8.2%).


Return on Equity

High ROE: CCFA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is CEC Africa Investments's financial position?


Financial Position Analysis

Short Term Liabilities: CCFA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CCFA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CCFA has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CCFA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if CCFA has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CCFA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is CEC Africa Investments's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CCFA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CCFA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CCFA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CCFA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CCFA's dividend in 3 years as they are not forecast to pay a notable one for the ZM market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average board tenure


CEO

Emmanuel Katepa

no data

Tenure

Mr. Emmanuel Katepa is the Managing Director and Chief Executive Officer at CEC Africa Investments Limited and its Executive Director since September 03, 2020.


Board Members

Experienced Board: CCFA's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CEC Africa Investments Limited's employee growth, exchange listings and data sources


Key Information

  • Name: CEC Africa Investments Limited
  • Ticker: CCFA
  • Exchange: LUSE
  • Founded: 2013
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: K308.750m
  • Shares outstanding: 1.63b
  • Website: https://cecafrica.com

Number of Employees


Location

  • CEC Africa Investments Limited
  • Ebène Skies
  • 4th Floor
  • Ebène
  • 72201
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 17:47
End of Day Share Price2021/09/30 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.